State Aid OK’d For New Wixom Transmission Plant

LANSING – TREMEC Corp., a manufacturer of vehicle transmissions, plans to establish a new plant in Wixom with support from the Michigan Strategic Fund, the Michigan Economic Development Corp. announced.

The project, which represents the company’s first major manufacturing operation in the United States, is expected to generate $54 million in total investment and support the creation of up to 133 direct Michigan jobs.

TREMEC, an acronym for Transmisiones y Equipos Mecanicos SA de CV, is a subsidiary of Mexico City-based Kuo Group. It has manufacturing plants in Pedro Escobedo and Santiago de Queretaro, Mexico, and a sales, marketing and engineering office in Plymouth.

TREMEC plans to lease and equip a new building in Wixom to house several existing and new activities, including global business development headquarters, a technical support center, an aftermarket business unit and a new advanced automotive transmission production operation. TREMEC is planning to invest approximately $54 million into the U.S. operations, creating 133 jobs. As a result, the project has been awarded a $731,500 Michigan Business Development Program performance-based grant. Michigan was chosen over competing sites in Indiana, Ohio and Mexico. Wixom is offering support to the project in the form of property tax abatement.

Individuals interested in employment opportunities with TREMEC Corporation should visit http://tremec.com/jobs.php.

For more on the MEDC and its initiatives, visit michiganbusiness.org. For Michigan travel news, updates and information, visit michigan.org. Michigan residents interested in seeking employment with any of Michigan’s growing companies should check mitalent.org, where more than 99,000 jobs are currently available in a variety of industries.

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